Cheyney Group Marketing: Venezuela's Economy In Recession

Venezuela has verified last week that its economy has indeed entered into a recession as domestic inflation stays the highest in the region.

President Nicolas Maduro, leading the socialist administration has been blaming the opposition for the market's poor performance.

Hugo Chavez's apprentice, Maduro won the election in 2013 and one of the problems he was faced with is the damage done in their economy largely dependent on oil. His placing the blame on his political rivals did not help but instead resulted in tragic street protests last year which resulted in 40 people dead on all sides.Visit: http://cheyneygroupmarketing.com/